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Black Young Professionals Leadership Conference kicks off with Will.i.am
Thousands of black professionals and allies are taking part in an online conference this week to learn skills and lessons from some of the world’s most successful black entrepreneurs. The BYP Network Leadership Conference is an annual event which is taking place virtually on Thursday 28 and Friday 29 October. The 60 speakers range from …
Business
Evening Standard
Virgin Wines CEO promises firm will not run out of wine at Christmas despite industry supply woes
Virgin Wines‘ CEO today hailed the Chancellor‘s alcohol duty overhaul as “good news for the industry” as the online vino retailer reported surging sales despite lockdowns lifting. The chancellor froze alcohol duty for the third budget in a row yesterday, and closed the gap between rates charged on still and sparkling. He also simplified the …
Business
Business Live
‘Painful reckoning’ feared as seafood specialist warns businesses still not ready for Brexit border checks
A global logistics specialist in Grimsby has told how she fears a painful reckoning coming for businesses who have not yet got to grips with the new complexities of customs clearances. Samskip is a major player in the seafood sector, linking Iceland and the Humber. The company has been advising customers how to manage the …
Business
Business Live
Jay-Z-backed merchandise giant Fanatics launches online Olympic shop ahead of Paris 2024
A global merchandise and equipment retailer valued at $18bn and backed by Jay-Z has partnered with the IOC to launch an online Olympic Shop ahead of Paris 2024. Fanatics, which runs its international operations outside of North America from its Manchester base, also works with the likes of Manchester United and Everton. The shop comes …
Business
Business Live
Transport tech firm 365 Response snaps up Flexiroute with BGF-backing
A transport tech firm in Yorkshire has snapped up a Redcar business amid moves to accelerate their services for more than 200 public and private organisations. Wakefield-based 365 Response, a digital transport management and eProcurement software provider, has acquired Redcar-based transport technology solutions business Flexiroute after securing follow-on funding from its founders and growth capital …
Business
Business Live
Arriva Cymru bus drivers to strike for five weeks at depots across North Wales
Hundreds of Arriva Cymru bus drivers are set to strike for five weeks – bringing chaos to services in North Wales. Bus services across North Wales will face severe disruption after nearly 400 drivers voted overwhelmingly to strike in a pay dispute, Unite the union said today. Drivers at depots, including Amlwch, Bangor, Hawarden (Chester), …
Business
Sky News
Tory donor’s digital bank OakNorth hires Goldman to land new funding
A British fintech unicorn founded by a Conservative Party donor is working with bankers on a new funding round as valuations across the sector continue to soar.Sky News has learnt that OakNorth, which counts the former chancellor Philip Hammond among its advisers, has hired Goldman Sachs to explore a share sale that would be its …
Business
Evening Standard
Spain’s state-owned train operator Renfe plans to launch high-speed London to Paris service
Spanish train operator Renfe is planning to launch a high-speed London to Paris service through the Channel Tunnel. The move would pit the state-owned company against Eurostar which has been running the same route since the high-speed line opened in 1994. It was first reported in Spanish paper El Pais and later confirmed by the …
Business
Evening Standard
Lloyds profits boom on back of Covid mortgage market
LLOYDS BANK raced to profit of £2 billion in the last three months, partly on the back of a booming mortgage market as Britons sought bigger houses for their families in a Covid world.All banks have seen mortgage sales leap.That’s a boon to Charlie Nunn, the new Lloyds CEO presenting his first results,.His CFO William …
Business
Sky News
Shell says it will halve some of its emissions by end of decade following Dutch court ruling
Shell says it plans to halve emissions in two categories by the end of this decade but its pledge does not include a third category that accounts for more than 90% of its total.The oil company said the measure will be assessed against 2016 levels and will cover its Scope 1 and Scope 2 emissions …
Business
Sky News
Lloyds beats expectations with third quarter profit
Lloyds Banking Group has posted a pre-tax profit of £2bn in the third financial quarter, a significant improvement on the same time last year.The bank – Britain’s largest mortgage lender – reported a profit before tax of £5.9bn for the first nine months of the financial year. Like its rivals Barclays and HSBC, Lloyds had …
Business
Evening Standard
Budget 2021: Treasury to land £1.5 billion windfall from retail share trading frenzy
THE retail share trading frenzy during lockdown that saw thousands of first time investors punt on the stock market is leading to a massive boom in tax revenue for the Treasury.Buried deep in yesterday’s Red Book, released after the Budget speech, are forecasts for what the Treasury expects in revenue from various taxes.Stamp duty taxes …

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